Wednesday, October 8, 2025

Latest

Teck Resources Receives Strike Notice At Largest Copper Mine

Teck Resources (TSX: TECK.A, TECK.B) appears to be about to go through some production delays. The firm early this morning indicated that it has received a strike notice for one of its operations in British Columbia.

The strike notice comes from the United Steelworkers Local 7619 at the company’s Highland Valley Copper mine in British Columbia. The union has been without a collective agreement since September 30, and now appears to be looking to push the issue that no new contract has been signed with the company.

With the strike notice now received, the union can begin striking within 72 hours, provided that 48 hours have also elapsed after the mediator reports to the labour relations board.

Local 7619 has yet to issue a press release on the development.

Teck’s Highland Valley Copper Mine is it’s largest operating copper asset, producing $688 million in gross profits for the company for the nine month period ended September 30.

Teck Resources Class B shares last traded at $40.76 on the TSX.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Fortune Bay: The Potential Billion Dollar Project

Japan Gold Enters New Chapter as Barrick Alliance Concludes – John Proust

Barrick Mining’s “Company Defining [Gold] Discovery”

Recommended

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

ESGold Secures $9 Million In Non-Dilutive Funding From Ocean Partners

Related News

Grid Metals Options Makwa Nickel Project To Teck For $15.7 Million In Exploration Spend, $1.6 Million In Cash

Grid Metals (TSXV: GRDM) has entered into an arrangement whereby it has agreed to option...

Thursday, December 12, 2024, 08:35:50 AM

Pierre Lassonde Plans To Acquire Up To 20% Stake In Teck Resources Spinout To Keep It In Canada

Pierre Lassonde, the wealthy gold mogul turned ally of Teck Resources Limited (NYSE: TECK) controlling shareholder Norman Keevil, plans to purchase a blocking position in Teck’s spin-off coal business to ensure it remains in Canadian hands. Lassonde’s plan is philosophically similar to Keevil’s, who rejected...

Monday, April 10, 2023, 07:52:58 AM

Teck Resources To Spend Up To US$3.9 Billion Over Next Four Years On Copper Strategy

Teck Resources (TSX: TECK.B) is focusing its efforts on building out its copper production. The...

Tuesday, November 5, 2024, 08:41:12 AM

The Golden Triangle: British Columbia’s Exploration Hotbed

In recent years mining investors have been hearing a lot about one of the world’s...

Sunday, July 19, 2020, 11:00:00 AM

Teck Resources: The Hot Commodity in Mining M&A Discussions

The future of Teck Resources could signal a new era of consolidation and strategic repositioning...
Monday, July 29, 2024, 02:41:00 PM